Love this example, I don't really use this strategy, but it's a great one. I think supply and demand makes puts this strategy on steroids. Meaning if price is approaching a demand zone, putting on a put then will increase the returns vs. if price was further away from the demand zone.

Either way awesome strategy as it allows you to get in the trade at a discount , but once must know at what point to get out of the trade if price goes way against them.

Have you ever done any Synthetic long stock options trades...in 2020 I put on several of these trades and love them?

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